2. Your Food Margin on the Siomai is a low 20% (which means YOU HAVE TO SELL MANY SIOMAIS TO EARN)

3. You have to follow the Franchisor’s instructions to the letter. THE FRANCHISOR IS YOUR BOSS AND BUSINESS PARTNER.

What if you do not want have a boss, want to earn bigger margins and do not want to spend (or do not have) P250 thousand to spend?

ENTER JCM FOODLINK. They will sell you the siomai and siopao. You put-up your own brand and sell.

Branded siomai franchises will sell you the siomai at 20% less than your selling price of P25/order of 4-pc siomai or P20. JCM will sell you their siomai at P2/pc or P8/order and you sell at P25 for a MARGIN OF 68% (vs 20% of the branded siomais).

Of course, Siomai House and Master Siomai have brand-recalls. You will need to promote your products LOUDLY but still, a 300% difference in margins is something serious.

Given the high rent charged by malls and most prime locations, a siomai foodcart should sell at least P15 to 25,000 a day at 25% mark-up. In fact, the Siomai House in Ayala MRT reportedly sells about P60 – 70,000 a day. Think about it??!!!!!

Contact Nos. 887-0122

By the way, I am conducting a One-on-One Consultation on How to Setup and Operate Your Own Lotto Outlet. Topics include How to Evaluate a Site for Lotto, The Proper Way to Apply with the PCSO, Actual Operations, How to Prevent Fraud, How to Compete Against Other Lotto Outlets and many more. Please allot at least 2 hours for each session. My fee is only P2,000 per person (Group discount available). Just text me your full name and “Lotto Setup” to 0922-8831225 or call 514-2905 for details.

Acquiring a Lotto outlet is a lot cheaper than purchasing a Franchise from Zagu (P320,000) or Siomai House (P250,000) and it is simple to operate.

Latest news: PCSO has lowered the Cash Bond requirement and an individual is now allowed to own 3 lotto outlets.

By the way, due to limited storage space, I am transferring this blog to http://richardjosephsiy.blogspot.com. Meantime, all blog posts that appears here will also appear in my new Blogger blog. I invite you to visit my new blog by clicking this link

jhenn, thank you for visiting my blog. On coming up with your own siomai brand, may I suggest that you get your copy of the Classified Ad Section of the Sunday Manila Bulletin as there are many offering to sell siomai for resale

Am sorry you had problems contacting me. Am currently super busy with my Lotto outlet due the 6/55 Jackpot of P543Million.

As for your query on making your own siomai business, may I suggest you visit the Phil SME and Franchise Expo at the WTC now and look for JCM Foodlink, supplier of siomai and other dimsum products as featured on my blog.

Lets keep in touch as I am also looking for a foodcart business and I will appreciate if we can share and help each other setup. Wish you Godspeed.

Ms Gerlie, thank you for visiting my blog. JCM Foodlink is not a franchisor. They can supply siopao and siomai to your Own-brand siomai outlet. Last time I check, they charge P2/pc of siomai or P8 for an order of 4pcs which can be sold at P25 for a 300% product mark-up.

Greeting!hi im so interested setting up siomai n siopao store,im going home ist week feb from vacation.can you give me contact no.and address of JCMfoodlink,so i can call them while im out of the country?

MS godoy, thank you for visiting my blog. There are many offering siomai and siopao and they will even lend you the steamer. Check out the Classified ads of the Bulletin Sunday edition under business opportunities.

thank you shirley for visiting my blog. While I do not represent the franchisors that I feature on my blog, I am interested in being a freelance agent for your company since I get queries from people who want to be in the siomai biz but do not have the funds to purchase a franchise. I can be reached at microbusinessinfo@yahoo.com

I can’t help but be amazed on how much sales a food cart business gets in a day.If you don’t have much capital and you want to go into food business, then a food cart maybe ideal for you and siomai is one of the best one.

HI. thank you for visiting my blog. Yes many foodcarts do a lot of business. I heard that the siomai house at the ayala mrt is doing P70,000 a day!!! Rent is probably P40 to 50,000. The foodcart is owned by the owner of the mrt, i heard. But bear in mind, if you locate your siomai cart inside the mall. be prepared to have BIG CAPITAL too as the rent and the security deposits can be huge.

Hi, Im Cathy Tingson, and Im very much interested in putting up Siomao and Siopao food cart but I have 300K on my pocket – this amount will suffice for everything? kindly contact me on my email address. Tnx so much.

Hi Ma’am Cathy! Yes that will totally suffice for everything. In our company (Filtrepreneur Franchise Inc.) that amount will not only start your Siopao and Siomai Foodcart business but also for other concepts like Hongkong-style noodles, pizza, dumplings, etc.. I can actually suggest a great business deal to you… If interested, kindly contact me @ 09053769921 / 09321263450 / 09491330465 so we could discuss it further, or we can set an appointment in our office for a meeting. You can also visit this link http://sulit.com.ph/2964203 to see our foodcart packages.. Looking forward hearing from you soon.. Thanks! 🙂

HI! good day! i’m interested in putting up this kind of business.. i’ve seen and tasted your product at the world trade heat wave summer bazaar.. were one of the concessionaires there.. please email me the details of your products… thank you and more power!

Hi Ricard,
I wanted to have some information of Franchising siopao, somia and all the other products here in Spain. I want to introduce these products, I need to know if ever you have plans of expanding it in Europe to start with in Spain. I am interested in investing but we need to talk via email, cell or video chat. I need to know your capability of supply, etc etc. for this as i have mentioned need to talk.
I look forward to hearing from you soon. My cell is 00 44 7940502422. lets see what other options we have to cummunicate.
Best regards,
Jose Suarez

Hi!, can U send me a price list of your products?……….. If I’m gonna put a foodcart business, can I borrow stainless steamer and other necessary equipment to start the business like Deep fryer etch. etch. ?…